Harbinger sells part of FMG stake
PUBLISHED : 05 Mar 2010 03:56:04
"New York-based hedge fund Harbinger Capital Partners has sold 30 million shares in Fortescue Metals or about one-sixth of its remaining stake in a block trade at $4.83 a share."
http://afr.com/p/markets/market_wrap/harbinger_sells_part_of_fmg_stake_iZfbU6PPybHkGYRUnytksK
To a group of institutions I believe it was.....
THAT'S $144.9 Million US. Looks like we have found the who, the what, and where the "EXTRA FUNDING" maybe coming from.....
POS appears to be ready and primed for a big run soon...
DYOR.....
harbinger sells fmg stake
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $18.91M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $3.746K | 819.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 66588592 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3639741 | 12 |
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